The media company of President Donald Trump has just acquired a stake in the largest cryptocurrency in the world. On Monday morning, Trump Media and Technology announced the acquisition of $2 billion in Bitcoin and Bitcoin-related securities. It also reserved $300 million to purchase options on Bitcoin.

The market seemed to approve of the move, as Trump's company shares rose 7.2% on Monday morning from the previous close. They have increased by 9%, to nearly $20, over the past week. Approximately two-thirds of the nearly $3 billion in liquid assets of the company are allocated to Bitcoin.

"We are rigorously implementing our publicly announced strategy and adhering to our Bitcoin treasury plan," said Devin Nunes, president and CEO of Trump Media, in a statement. "These assets help ensure the financial independence of our company."

Trump owned the majority of the shares of Trump Media and transferred them in December to a revocable trust before taking office. The issuance of shares to purchase Bitcoin has diluted Trump's ownership percentage.

The massive cryptocurrency purchase comes nearly two months after the company announced the issuance of $2.5 billion in new shares and debt to finance a Bitcoin treasury. This move also reinforces how cryptocurrencies, and not real estate, are increasingly driving the Trump family's business empire.#TrumpBitcoinEmpire